New ideas in business

by on February 1, 2007 at 8:08 am in Education | Permalink

The list is from Harvard Business Review, worth a quick read, try this:

An entrepreneurial Japan–which once would have seemed oxymoronic–may ultimately overshadow the much touted start-up cultures in China and India.

A good bet.  Scrolling down to the bottom you will find Clay Shirky and also David Weinberger’s interesting "The Folly of Accountabilism."

The pointer is from Ben Casnocha.

Adam Carstens February 1, 2007 at 9:20 am

Tyler -

Just like to point out that it’s not such a new idea…our book on this, “Japan’s Business Renaissance,” has been out for some time. Japan is back, and in a big way. Thanks.

MTC February 1, 2007 at 9:32 pm

Dr. Cowen –

Please assure me that neither naivete nor doctrinal purity have led you to give credence to Mr. Hori’s sales pitch.

Hori’s IPO numbers are wonderful until you realize that most of these IPOs are just the hiving off of divisions of conglomerates. The number of new businesses coming to market is small. Kasahara Kenji and Mixi are notable not because they are the vanguard of a New Japan but because they are rare points of light in the murk. Mikitani and Rakuten are old news (Rakuten’s IPO was in 2000).

Hori mentions in passing the negative aspects of Japan’s entrepreneurial culture, as represented by Horie Takafumi’s Livedoor and Murakami Yoshiaki. What he neglects to mention is that the two men and their businesses were targeted for destruction by the ruling elites—and that both men are likely innocent of the charges against them. Horie’s and Murakami’s fates represent stark warnings to anyone of swashbuckling bent that the Iron Triangle is alive and well and will admit no upstarts.

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